Bollinger Innovations, Inc. (NASDAQ: BINI), an electric vehicle manufacturer, announced it has signed an agreement with Ariel Fleet Holdings for 30 Mullen THREE EV trucks and four Mullen ONE EV cargo vans to be deployed with FedEx Independent Service Providers, Advanced Logistics Systems, and Springbok Holdings across North Carolina, Virginia, and the mid-Atlantic region. The deal underscores growing adoption of Bollinger’s commercial EV lineup—including the Mullen ONE, Mullen THREE, and Bollinger B4 Chassis Cab—all certified to U.S. federal safety, EPA, and CARB standards for clean transportation solutions.
This agreement marks a significant milestone for Bollinger Innovations as it expands its footprint in the commercial EV sector. The deployment of these vehicles with FedEx ISP fleets demonstrates the company's ability to secure partnerships with major logistics providers, facilitating the transition to electric fleets. The Mullen ONE, a Class 1 EV cargo van, and the Mullen THREE, a Class 3 EV cab chassis truck, are both available for sale in the U.S. and are designed to meet the rigorous demands of last-mile delivery and urban logistics.
Bollinger Innovations is a Southern California-based automotive company with a manufacturing facility in Tunica, Mississippi. The company's commercial dealer network includes six dealers such as Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, and Mid-Atlantic markets. Additionally, Bollinger Motors, of Oak Park, Michigan, an established EV truck company and subsidiary of Bollinger Innovations, has passed numerous milestones, including its B4, Class 4 electric truck production launch on Sept. 16, 2024, and the development of a dealer network with over 50 locations across the United States for sales and service support.
The implications of this announcement are far-reaching. For Bollinger Innovations, it validates the commercial viability of its EV platforms and strengthens its position in the competitive electric commercial vehicle market. For FedEx, it supports the company's sustainability goals by integrating zero-emission vehicles into its supply chain. The deployment also signals a broader industry shift toward electrification in logistics, as companies seek to reduce their carbon footprint and comply with stricter emissions regulations. Investors should note that Bollinger Innovations is actively expanding its market presence, as evidenced by this agreement and ongoing developments with its dealer network.
For more information, visit the company’s newsroom at https://ibn.fm/BINI. The full press release is available at https://ibn.fm/vfcY3.
